Insurance: Allianz first flood catastrophe bond – global – part of a USD 1 billion programme to mitigate the risk of severe, regional floods across a global fund. Eco-package – Hungary, US – a reduction in the premium for corporate property insurance when environmentally friendly products or materials are used.

Micro-insurance: In India, Bajaj Allianz launched its first microinsurance product in 2003, and went on to cover more than 100,000 customers. The humanitarian crisis which followed the tsunami in 2004 prompted Allianz to team up with CARE International, an organization with extensive experience in microfinance in India. The partnership is focusing on providing tailor-made packages specifically for people who live near the coast and work in fishing, agriculture and plantations. In Indonesia, they are teaming up with GTZ to offer a microinsurance pilot product, ‘Paying Keluarga’ (meaning ‘family umbrella’). In Egypt, Allianz have worked in collaboration with Planet Finance, Surety Fund and a number of European reinsurers to develop a pilot project offering death and disability insurance to more than 30,000 customers.

Eco Trends Fund: The global fund invests in renewable energy, environmental protection and water enhancement projects. Approximately 20% of the fund’s assets are invested in emerging economies. As of June 2007, £938 million was under this fund’s management.

Regional focus

Africa and the Arab States
Asia and the Pacific
Caribbean and Central America
Europe
North America
South America